Simona Del Carmen

Simona del Carmen A. A. is 44 years old and has 4 children. She has been operating a bakery for over 8 years. Sra. Simona works out of her home. She previously worked in a bakery owned by a friend and used her earnings to purchase an oven.

At first, she didn’t have enough time to learn everything about running her own business. She worked alone because she did not have the finances required to hire an employee. However, with the help of her children, she has been able to keep her business going.

The loan she is requesting will be used as working capital to purchase ingredients such as flour, eggs, butter and cheese. Simona dreams of expanding her business so that she can fulfill the demands of her customers.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).